Australians weigh tax exile as crypto CGT rises to 47% next July
With Australia set to levy a 47% capital gains tax on crypto gains, investors are exploring relocation, company structures and other strategies to protect their portfolios.

Data: Polymarket, updated every minute. · Ends Jan 1, 2027
This market will resolve to "Yes" if Alibaba's next Qwen Max model (3.9+) is made available to the general public between market creation and the specified date (ET). Otherwise, this market will resolve to "No".
A qualifying model must have a name or model identifier that includes "Qwen" and "Max," be the flagship model of Alibaba's core Qwen Max tier, and be designated as version 3.9 or higher, regardless of capitalization or surrounding prefixes, suffixes, dates, or descriptors. For example, a version 3.9 or higher named in the same manner as Qwen3.7-Max or Qwen3.8-Max-Preview would qualify, including a new whole-number generation such as Qwen4-Max, while models whose name does not include "Max" or which retain a version designation below 3.9, such as Qwen3.8-Max, including its stable, open-weight, or snapshot re-releases, or Qwen3.8-Max-Preview, will not qualify. Derivative lines such as VL, Coder, Omni, or other specialized variants, such as qwen-vl-max, will not qualify.
A qualifying model must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice. The release must either be clearly defined and publicly announced by Alibaba as accessible to the general public, or otherwise be made publicly accessible and explicitly labeled on the company's official website. Labeling errors, placeholder text, or version names displayed on the website that do not correspond to a model that is actually accessible to the general public will not qualify.
The primary resolution source for this market will be official information from Alibaba, with additional verification from a consensus of credible reporting.
With Australia set to levy a 47% capital gains tax on crypto gains, investors are exploring relocation, company structures and other strategies to protect their portfolios.
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It is the latest price of the Yes outcome. Traders pay that share of a dollar for a contract that pays $1 if the event happens, so the price reads as the market's estimate of the chance.
The market resolves by the rules below. Polymarket uses the UMA optimistic oracle: anyone can propose the outcome and dispute it during a challenge period.
Yes, where Polymarket is available. You connect your own wallet; the bet goes to Polymarket and the money never passes through COINMAG. A COINMAG fee of 1% is added to each bet.
Dogecoin reclaimed its 4‑hour 50‑EMA and is testing a descending trendline near $0.0786, while futures open interest falls and ETF inflows remain at zero since mid‑October.
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